Rates rise in wild week The benchmark 30-year fixed-rate mortgage rose 16 basis points, to 6.32 percent, according to the Bankrate.com national survey of large lenders.read more...
Plans would turn over control of hard-hit areas (Reg Req'd) Faced with tens of thousands of heavily damaged homes in the New Orleans area, and a cloud of uncertainty about whether their owners want or will be able to repair
A Tudor Enclave, Newly Historic With architectural details reminiscent of merry old England -- leaded-style windows, coats of arms etched in stone above doorways, curved chimney pots and stone globes on the pediments --
Moody's poised to cut rating of UK mortgage lender (Financial Times) Bradford & Bingley yesterday braced for a further setback after Moody's, the ratings agency, indicated it was preparing to cut the ailing mortgage lender's credit rating.read more...
Subprime Mortgage Woes Spreading (AP via Yahoo! Finance) The subprime mortgage crisis is spreading to a somewhat unexpected place: homes costing more than $500,000. As lending has rapidly gotten more restrictive for borrowers taking out large loans,
Real Estate Calendar Here are some events that builders and developers have scheduled for would-be home buyers in the coming weeks. All are free and open to the public.
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Wal-Mart already offers money-transfer and check-cashing services. The next step is full-on banking.
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